House Republicans Defeat Bill To Extend Bush Tax Cuts On Income Below $250K

House Republicans Defeat Bill To Extend Bush Tax Cuts On Income Below $250K | House Republicans today — by a vote of 170 to 257 — defeated a Democratic proposal to end the Bush tax cuts on income above $250,000. 19 Democrats joined all the Republicans in voting down the bill. The House Republican plan would instead extend all of the Bush tax cuts, as well as fast-track “tax reform” that includes more giveaways to the wealthy and corporations.